Imports Of Aircraft From US May Boost Tourism, Bring Down Air Fares: Piyush Goyal

Union Minister for Commerce and Industry Piyush Goyal has emphasized that the import of aircraft from the United States could significantly enhance India's tourism sector and lead to reduced airfares for travelers. During a recent discussion, Goyal highlighted the crucial role of coking coal imports from the US, which are essential for bolstering India's steel production. This strategic collaboration not only aims to increase the efficiency of the domestic steel industry but also opens up avenues for the aviation sector, potentially facilitating a surge in international tourism. Goyal's remarks come at a time when the Indian government is focused on strengthening trade relationships with key partners, particularly in the wake of the pandemic's impact on both tourism and aviation. By enhancing its fleet through US imports, India seeks to attract more tourists, thereby stimulating economic growth and making air travel more affordable for citizens. This initiative aligns with broader efforts to improve infrastructure and foster a competitive environment within the aviation industry, ultimately benefiting consumers and the economy alike.